Ahead of the Curve ™

Jan 11 2018

US Ecommerce Disruption 2.0: We Expect Continued Acceleration

Cowen raised its L-T US eCommerce forecast and now expect accelerating US eCommerce growth in ’18, the 5th year in a row, driven by Consumables, Home and Food & Bev, per our US eCommerce vertical model. Our new retail store closure database suggests ~7,100 doors shut for key chains/brands in ’17 and retail store closures are expected to accelerate in ’18 per C&W. AMZN remains our top pick in ’18.